{ "docId": "019dd923-5ca1-7489-b637-988b4b02de9e", "docSlug": "e48a08afac12f59d", "documentTitle": "Pulse of Fintech H1 2021", "authorId": "KPMG", "authorName": "KPMG", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.778, "pageNumber": 71, "pageCount": 72, "prevPage": 70, "nextPage": 72, "slideType": "appendix_methodology", "function": "summarize", "density": "dense", "nDataPoints": 0, "notes": "The slide provides technical definitions for PitchBook M&A data and the fintech industry segments used in the report.", "elementsJson": [ "headline_text", "paragraph", "numbered_list" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5ca1-7489-b637-988b4b02de9e/71", "deckHref": "/decks/019dd923-5ca1-7489-b637-988b4b02de9e", "deckJsonHref": "/decks/019dd923-5ca1-7489-b637-988b4b02de9e.json", "deckAnchorHref": "/decks/019dd923-5ca1-7489-b637-988b4b02de9e#slide-71", "components": [ { "bbox": { "h": 0.755, "w": 0.435, "x": 0.515, "y": 0.185 }, "kind": "list", "text": "3. Lending — any non-bank who uses a technology platform to lend money often implementing alternative data and analytics OR any company whose primary business involves providing data and analytics to online lenders or investors in online loans. 4. Proptech — companies that are classified as both fintech AND also who are developing and leveraging technology intended to help facilitate the purchase, management, maintenance and investment into both residential and commercial real estate. This includes sub-sectors such as property management software, IoT home devices, property listing and rental services, mortgage and lending applications, data analysis tools, virtual reality modeling software, augmented reality design applications, marketplaces, mortgage technology and crowdfunding websites. 5. Insurtech — companies utilizing technology to increase the speed, efficiency, accuracy and convenience of processes across the insurance value chain. This includes quote comparison websites, insurance telematics, insurance domotics (home automation), peer-to-peer insurance, corporate platforms, online brokers, cyber insurance, underwriting software, claims software and digital sales enabling. 6. Wealthtech — companies or platforms whose primary business involves the offering of wealth management services using technology to increase efficiency, lower fees or provide differentiated offerings compared to the traditional business model. Also includes technology platforms for retail investors to share ideas and insights both via quantitative and qualitative research. 7. Regtech — companies who provide a technology-driven service to facilitate and streamline compliance with regulations and reporting as well as protect from employee and customer fraud.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3bd47be1-e60e-4e39-a779-36a9d992f83f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.155, "w": 0.435, "x": 0.048, "y": 0.785 }, "kind": "list", "text": "1. Payments/Transactions — companies whose business model revolves around using technology to provide the transfer of value as a service including both B2B and B2C transfers. 2. Blockchain/Cryptocurrency — companies whose core business is predicated on distributed ledger (blockchain) technology with the financial services industry AND/OR relating to any use case of cryptocurrency (e.g. Bitcoin). This vertical includes companies providing services or developing technology related to the exchange of cryptocurrency, the storage of cryptocurrency, the facilitation of payments using cryptocurrency and securing cryptocurrency ledgers via mining activities.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "79f4dddd-8c91-4db2-bb5a-5fccfa8fc843", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.215, "w": 0.435, "x": 0.048, "y": 0.228 }, "kind": "paragraph", "text": "M&A transactions: PitchBook defines M&A as a transaction in which one company purchases a controlling stake in another company. Eligible transaction types include control acquisitions, leveraged buyouts (LBOs), corporate divestitures, reverse mergers, mergers of equals, spin-offs, asset divestitures and asset acquisitions. Debt restructurings or any other liquidity, self-tender or internal reorganizations are not included. More than 50 percent of the company must be acquired in the transaction. Minority stake transactions (less than a 50-percent stake) are not included. Small business transactions are not included in this report.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1f470fad-5112-43f1-89b0-12d516157782", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.325, "w": 0.435, "x": 0.048, "y": 0.455 }, "kind": "paragraph", "text": "The fintech vertical: A portmanteau of finance and technology, the term refers to businesses who are using technology to operate outside of traditional financial services business models to change how financial services are offered. Fintech also includes firms that use technology to improve the competitive advantage of traditional financial services firms and the financial functions and behaviors of consumers and enterprises alike. PitchBook defines the FinTech vertical as \"Companies using new technologies including the internet, blockchain, software and algorithms to offer or facilitate financial services usually offered by traditional banks including loans, payments, wealth or investment management, as well as software providers automating financial processes or addressing core business needs of financial firms. Includes makers of ATM machines, electronic trading portals and point-of-sale software.\" Within this report, we have defined a number of Fintech sub-verticals:", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "584ea52c-e72d-4be3-a4ef-b811b5c32d93", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.032, "w": 0.215, "x": 0.048, "y": 0.138 }, "kind": "title", "text": "Methodology (cont'd)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "95de5d6a-4171-465b-a061-d364fa866c67", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "List presentation", "slug": "list-presentation", "agent": null, "layer": "slide", "matchId": "5d38030f-9d96-4ac0-b200-8407e6b4ddc6", "evidence": "The fintech vertical: A portmanteau of finance and technology", "confidence": 0.8 } ], "frameworks": [], "arcBeats": [ { "to": 72, "from": 6, "beatId": "5fffbbf3-eb42-40ce-ab8b-4582f689317b", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Satisfaction", "beatSlug": "monroes-sequence-satisfaction", "evidence": "The document provides detailed insights into various fintech segments, regional trends, and industry outlook, satisfying the reader's need for information.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [ { "to": 72, "from": 4, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "3cbdfd9d-814a-436d-b11c-33db49d52f5a", "evidence": "The document presents a logical chain of information, starting with global fintech investments and then drilling down into specific segments and regions.", "position": 0, "objective": "To understand the fintech investment landscape and trends", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... 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